AudioCodes Ltd. (NASDAQ, TASE: AUDC) is a leading vendor of advanced communications software, products and productivity solutions for the digital workplace.
AudioCodes enables enterprises and service providers to build and operate all-IP voice networks for unified communications, contact centers, and hosted business services.
Market cap ₪3.5B, Capital ₪345M,...
Gazit Globe, Commercial Real Estate Company
Almost all of company's assets are commercial, offices, which got the most hit during the pandemic.
₪9.4B debt in bonds, ₪1.37B should be paid up to 2022.
2019 net profit was ₪800M, but 2020 Q2-4 expected to be significantly less, ability to maintain debt payments is a major risk.
Stock needs to find a bottom before...
Cellcom, cellular communication company
Used to be one of 3 cellular companies in Israel, but since the market has been opened up for competition it has been struggling for survival after being milked by previous owner who went bust, had a lot of excessive fats in terms of expenses.
Today Cellcom is doing a decent job is reinventing itself, expanding to ISP and...
Shufersal, the leading groceries network in Israel, good online presence and delivery system.
Great profitability during lockdown, decent PE ratio.
Price action looking good, may break out of funnel upwards if price consolidates on the upper part of the funnel.
EL-AL Airline Company
In dire straits frequently, currently requested assistance from the country, frequently in conflict with its pilots, added to COVID-19 trouble.
Price action looks bearish, this may either continue to crash or reverse, too soon to tell.
Need to watch where it consolidates, on the upper part of the funnel or on the bottom part.
Bezeq is a declared telecommunication monopol in Israel. Cheap cellular and rising competition in ISP services, plus regulatory reforms forcing Bezeq to allow others use its infrastructure led to gradual demise in stock sentiment.
2019 revenue ₪13B, loss ₪1B.
2020 Q1 report: mayafiles.tase.co.il
Cash balance: ₪2B
Company is not profitable,...
Holding company, controls GPM Petroleum LP through pyramid.
GPM owns 1400 comfort stores and gas stations in the USA.
2020 Q1 Report: mayafiles.tase.co.il
2020 Q1 Loss: -$75m
2019 Loss: -$90m
Head & Shoulders might be in play, waiting for confirmation from the market.
Real Estate Company
Income (74% from Tel Aviv region):
• 53% office space, ₪391M 2019 rental
• 21% commerce (malls and shopping centres mostly), ₪148M 2019 rental
Rental occupation (2019) 96%, this will probably plunge during 2020.
2020 income may drop to ~₪300M due to lockdown and companies moving to work from home, AMOT has debt payments of ₪666M for 2020.
Company used to make toolbars that hijack the browser's default homepage and shows ad popups to users, until Google blocked them.
Today Babylon "grows" through acquisition of small companies in effort to improve their conversion funnel and optimize their business.
From personal experience, I know such integration is very hard and most often fails to produce good...
Long term analysis of NICE (TASE).
After 6 years of slow grind up, it had great 5 bullish years. COVID-19 crash seem to have paused the momentum.
Conclusion: Looking good on the long term, on medium-short term seems to be dependant on general economy mood, but since NICE is providing services that are very required and maybe even more during a lockdown, it may...